Announced
Synopsis
Stibo, a commercial printing company, agreed to merge with Eversfrank, a provider of modern and effective print products. Financial terms were not disclosed. “The two businesses fit well together. There are obvious synergies and possibilities for us to win new orders and enjoy economy of scale. And there are many business opportunities today and in future – also although the printing market is gradually declining. In Scandinavia, our market share is below 10% today, and in Germany, the Eversfrank Gruppe has a market share of below 5%”, Søren Henriksen, Stibo CEO.
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